{"data":{"id":"us-in/ic-27-1-12.7-6","jurisdiction":"us-in","citation":"IC 27-1-12.7-6","heading":"Funding agreements interpretation","body":"Sec. 6. The issuance of a funding agreement:\n(1) constitutes an activity necessary, convenient, or expedient to the business of a life insurance company under IC 27-1-7-2;\n(2) is not insurance under IC 27-1-5-1;\n(3) is not a security (as defined in IC 23-19-1-2(28)); and\n(4) does not constitute gross premium for taxation purposes under IC 27-1-18-2.","path":["TITLE 27. INSURANCE","ARTICLE 1. DEPARTMENT OF INSURANCE","Chapter 12.7. Funding Agreements"],"source_url":"https://iga.in.gov/ic/2026/Title_27.html#27-1-12.7-6","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-25T05:39:04Z","sha256":"9c7625ee9f1a7a18d5c352af2c7b142382c24455de018b33ab7e1c6cae248a7e","source_id":"us-in","stale":false,"prev":"us-in/ic-27-1-12.7-5","next":"us-in/ic-27-1-12.7-7"},"notice":"GroundRules: Original legal text. Not legal advice."}